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Economic Review December 2016

Posted on 04 January, 2017

DIVERSE MONETARY POLICIES ACROSS THE POND In response to the latest analysis highlighting stronger economic growth and rising employment, the US Federal Reserve decided to hike its interest rates in December by 0.25 percentage points to a range of 0.50% and 0.75% for only the second time in a decade. Here in the UK the […]

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Residential Property Review – December 2016

Posted on 29 December, 2016

Retired property owners £26,000 better off People aged over 65, who have paid off their mortgage, are on average £26,000 tax-free better off this year, as a result of their property investment. This group of mainly ‘baby-boomers’ have seen their total property wealth reach a new high of over £1 trillion (as calculated in the […]

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Economic Review – November 2016

Posted on 06 December, 2016

RETAIL SALES SOAR AS WEATHER TURNS COLDER Retail sales soared in October as the weather turned more wintry, according to the Office for National Statistics (ONS). Retail sales volumes increased 7.4% from the previous year, the figures represented the highest growth rate seen since 2002, beating Reuters forecasts of 5.3%. In October, average weekly spending […]

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